India wants to become a solar-powered super country. They have plans to improve their solar capacity 30-fold by 2020. One of the biggest plans is to promote the use of domestic solar panels and make them affordable for consumers. However, India’s buy-local rules could jeopardize their ability to do so because of World Trade Organization…
West coast ports faced a nine-month long work slowdown because of labor disputes between the Pacific Maritime Association and the International Longshore and Warehouse Union. There was even a short period of time where the ports closed. Thousands of companies had to make adjustments to their supply chains to keep business moving around the country….
Robots have been replacing human workers for decades, but research shows that there’s going to be a revolution in the supply chain industry. That’s because robots are getting smarter and cheaper. They can be programmed to do just about anything a human can do on the assembly line, packaging station, and many logistics maneuvers.
Online grocery shopping is not a new thing — shoppers place their orders, and then someone physically shops and delivers the goods. However, several businesses have popped up that offer meals in a box. These businesses do not use local fulfillment. This raises concerns because of supply chain restraints in terms of keeping food good…
There has been a lot of news coverage surrounding the Ebola outbreak in Africa. About 7,000 people have been killed so far with nearly 19,000 infected. Only a couple of cases have been reported in the U.S., but it still makes people wonder why “Big Pharma” hasn’t solved the Ebola epidemic yet. Currently, there is…
At the beginning of September, Nevada Legislators approved Tesla’s $5 billion Gigafactory to be built in Reno. The state wooed Tesla with a $1.25 billion incentive package. The package included several tax credits and abatements as well as a discount on electricity and free land. The state beat out competitors such as California, Arizona, New…
Outsourcing the production of goods is not a new thing. Companies know they can manufacture most products for cheaper overseas and still charge consumers high prices. Consumers don’t blink an eye because it is a common business practice that they’ve come to accept. Outsourcing is a business decision — cheaper labor means more profits for…
South Africa’s economy is struggling to recover after a five-month strike by platinum miners. However, the effects of the strike are more far reaching than that. The price of precious metals around the world has gone up, and it is affecting the global economy. It could take several months for the market to return to…
The Apple Watch hasn’t made its debut yet, but many believe it has already cornered the market on smart watches. Why? Because everyone anticipates that the Apple Watch will be more functional and fashionable than any other smart watch already on the market. Everyone is eagerly awaiting for the Apple Watch to be available in…
What could a virtual reality device and a smartphone possibly have in common? A lot, actually – including assets. Two tech giants are teaming up and the result could actually change the way we perceive the world. Read on for the latest on why Samsung and Oculus VR are sharing resources.